Cardinal Health Inc has a consensus price target of $105.19 based on the ratings of 21 analysts. The high is $139 issued by UBS on November 4, 2024. The low is $58 issued by Credit Suisse on February 4, 2022. The 3 most-recent analyst ratings were released by Morgan Stanley, Wells Fargo, and Morgan Stanley on December 17, 2024, December 13, 2024, and November 4, 2024, respectively. With an average price target of $130 between Morgan Stanley, Wells Fargo, and Morgan Stanley, there's an implied 9.91% upside for Cardinal Health Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cardinal Health (NYSE:CAH) was reported by Morgan Stanley on December 17, 2024. The analyst firm set a price target for $136.00 expecting CAH to rise to within 12 months (a possible 15.71% upside). 29 analyst firms have reported ratings in the last year.
The latest analyst rating for Cardinal Health (NYSE:CAH) was provided by Morgan Stanley, and Cardinal Health maintained their overweight rating.
The last upgrade for Cardinal Health Inc happened on December 13, 2024 when Wells Fargo raised their price target to $127. Wells Fargo previously had an underweight for Cardinal Health Inc.
The last downgrade for Cardinal Health Inc happened on July 10, 2023 when Evercore ISI Group changed their price target from N/A to $100 for Cardinal Health Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cardinal Health, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cardinal Health was filed on December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest Cardinal Health (CAH) rating was a maintained with a price target of $127.00 to $136.00. The current price Cardinal Health (CAH) is trading at is $117.54, which is out of the analyst’s predicted range.
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